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Malaysia welcomes US tariff cut on palm oil, eyes RM21b in exports but warns against overreliance on single market
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
Crude palm oil's discount to soybean likely until 3Q, may spur Indian demand — analysts
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Pertamina to sell biodiesel fuel
23/4/06 JAKARTA (Jakarta Post) - State-owned oil and gas company PT Pertamina will sell environmentally friendly biodiesel fuel beginning next month in a bid to reduce the use of fossil fuel in the country.
Indonesia Sees Bright Future for Biofuels
21/4/06 JAKARTA (Reuters) - Indonesia, the world's second-largest palm oil producer, is ready to meet the growing attraction of environmentally friendly biofuels, a senior industry official said on Thursday.
Edible oils refiner Pan Century may be up for sale
22/4/06 (Business Times) - PAN Century Edible Oils Sdn Bhd, one of Malaysia's largest and oldest edible oils refiner, may be up for sale at between US$90 million and US$120 million (RM329 million and RM439 million).
Palm oil price likely to go up to RM1,550
19//4/06 SINGAPORE (Reuters) - Malaysian palm oil prices will likely rise to between RM1,500 and RM1,550 a tonne in the near term from RM1,470 as European demand for alternative fuels grows with the rise in crude oil prices, a top industry official said on Tuesday
Tariff values cut for vegoils
18/4/06 Chennai (Business Line) - The Centre has cut the tariff values for palm group of oils by $10 a tonne and that of crude soyabean oil by $6. Earlier, on March 3, the Union Government cut the tariff values for palm group of oils by $4 and crude soyabean oil by $13.For the palm group of oils, this is the third time that the tariff has been cut since March 15. However, on March 15, the tariff value for crude soyabean oil was raised by $13.
PORAM No To Total Liberalisation Of Refining Policy For Sabah And Sarawak
KUALA LUMPUR, April 18 (Bernama) -- The Palm Oil Refiners Association of Malaysia (PORAM) is against a total liberalisation of the policy for the palm oil refineries in Sabah and Sarawak.
Malaysia's MISC orders 4 chemical tankers
KUALA LUMPUR, April 19 (Reuters) - Malaysia's biggest shipping group, MISC Bhd , said on Wednesday it had ordered four new chemical tankers from South Korea's STX Shipbuilding Co , for delivery in 2009. MISC, the world's largest carrier of liquefied natural gas and Malaysia's third-largest listed firm, gave no value for the orders, however.
Bakrie unit plans Indonesia's first biodiesel plant
JAKARTA, April 19 (Reuters) - Indonesian plantation company PT Bakrie Sumatera Plantations Tbk plans to jointly build the country's first biodiesel plant to meet a surge in demand for renewable energy, the company said.
Sarawak identifies sites for new ports
17/4/06 (Business Times) - THE Sarawak state government plans to develop two more ports along its coastlines to meet growing demand for sea outlets, in tandem with the economic development of the state.
